- INEOS FPS aims for Net Zero emissions by 2045, with a 60% reduction target by 2030.
- AI-driven technology at Kinneil Terminal could reduce emissions by up to 10%.
- OPEX Group's emissions.AI software will optimize energy use and plant operations.
- INEOS has reduced emissions by 37% since acquiring the site in 2005.
Emission Reduction Goals
INEOS FPS is committed to achieving Net Zero emissions by 2045, with an interim target of reducing greenhouse gas emissions by over 60% by 2030. Since acquiring the site in 2005, the company has already achieved a 37% reduction in emissions.
AI Technology Deployment
To further its emission reduction efforts, INEOS FPS plans to implement AI-driven optimization technology at its Kinneil Terminal in Grangemouth. This initiative is part of a broader strategy to meet UK and Scottish Government targets for emissions reduction.
Role of OPEX Group
INEOS FPS is collaborating with OPEX Group to deploy the emissions.AI software, which is designed to optimize complex industrial facilities for lower carbon emissions. The software will continuously monitor energy use, identify opportunities to minimize fuel and power consumption, and optimize plant operations.
Expected Outcomes
The integration of emissions.AI is expected to potentially reduce existing emissions by up to 10%. The software will provide real-time emissions data, enabling INEOS FPS operational teams to make informed decisions on process and plant optimization for lower emissions.
